Warehouse distribution unit with 10 year indexed income
Located on the well established and strategically located Walton Summit Industrial Estate in Preston
Excellent connectivity at the confluence of Junction 29 of the M6, Junction 9 of the M61 and Junction 1 of the M65
Single let unit totalling 85,757 sq ft on large site of 3.50 acres
Includes parking for 59 vehicles, dock and access level loading and connected office building (9% of total space)
Let to 3rd party logistics provider Kammac Limited on FRI terms subject to SOC
Kammac have seen a 70% increase in revenues to £49.6m by the end of 2020
10-year term commencing 18th February 2022, expiring 17th February 2032 (c. 9.7 years unexpired)
Total topped up rent of £472,290 per annum (£5.50 psf) is subject to review in 5th anniversary to the higher of OMRV or CPI (collared and capped at 1% and 3%)
